Tender Notice for Cash Insurance
SC-PR-13 Invitation to Tender (ITT) – Cash Insurance – ITT-SSD-JB-2024-CI-017
PART 2 – CORE REQUIREMENTS & SPECIFICATIONS
Objective
Save the Children South Sudan seeks to pre-qualify the services of an Insurance Company/ Licensed Broker to provide a guarantee of compensation for specified loss, permanent/total, damage, and disappearance of Cash kept in a Safe at various SCI locations in South Sudan.
These include:
- Provision of coverage (as mentioned above) for all negotiated cash balances in SCI office’s locations in South Sudan both within and outside business working hours and locked in safes.
- Maintenance of a single master policy and certificate covering all SCI field locations in South Sudan.
- Provision of renewable term insurance policy at short notice.
- Provision of calculated sums assured/benefit.
- Timely response to requests and concerns as they arise.
- Provision of coverage for loss either through natural, accidental, theft, or any other means.
Locations to be covered
All locations where SCI maintains an office in South Sudan will be covered.
Services the Supplier will provide
Deliverables will be specified in the Terms of Reference for the respective services required, but the following are examples of what could be included for assessments and operations:
- Provision and completion of contract agreement on time.
- Provision of annual certificate of insurance.
- Payment of claims in a timely manner (timelines will be clearly defined in the signed contract).